Bitcasa Announces CloudFS Platform for Developers and Service
Providers

New File System API Reduces Cost, Enhances Performance and
Accelerates Development on Public Cloud Storage

TechCrunch Disrupt New York 2014

May 06, 2014 10:00 AM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--TechCrunch Disrupt -- Bitcasa,
the company that makes cloud storage simple and secure, today announced
the Bitcasa CloudFS Platform, a new service for application developers
to leverage its scalable cloud storage technology. The Bitcasa CloudFS
Platform enhances public cloud storage by enabling developers to
innovate faster, with lower costs, so they can focus on building their
applications.

“We’ve developed a robust, battle-tested cloud storage technology,” said
Bitcasa CEO, Brian Taptich. “And we’ve learned that creating a cloud
storage service is very hard. Our highly secure, scalable and
regionalized platform means developers no longer need to face the pain
of writing that code -- they can quickly deploy their custom cloud apps
with our platform.”

With advanced API functionality such as file management, file sharing,
media transcoding, and zero-knowledge encryption, the Bitcasa CloudFS
Platform accelerates custom application development on public cloud
storage. Additionally, with nine pre-built applications, the Bitcasa
Turn-key Drive will allow service providers to offer their own branded,
consumer storage solution without any complex and costly upfront
development.

“The Network File System (NFS) removed location limitations for
accessing files within corporate firewalls, and Bitcasa removes
limitations further by enabling highly scalable, secure, and fast file
access in the public cloud,” said Ashish Nadkarni, File and Object
Storage Analyst at IDC. “The scale of the file system in Bitcasa’s
consumer cloud storage service is unprecedented, and provides a solid
base for developers to build on.”

Bitcasa CloudFS Platform

The Bitcasa CloudFS
Platform provides a low cost, easy-to-use and secure service that is
faster, cheaper, and a more efficient way to leverage the public cloud.

With full-featured APIs developers can:

Easily create structured file systems in the cloud

Implement robust privacy and security controls

Optimize performance and network bandwidth through smart caching that
analyzes use patterns for efficient storage

Provide rich media services with streaming and transcoding

For organizations such as device manufacturers and telecom carriers that
want to quickly deploy branded cloud storage services, the Bitcasa Turn-key
Drive provides the ability to create their own cloud services for
customers. Additionally, Bitcasa provides direct access to affordable
regionalized cloud
storage options across multiple public cloud providers, without
writing any custom code.

The platform builds on the Bitcasa consumer cloud storage service, which
has been engineered to provide a scalable architecture that seamlessly
connects millions of devices. Bitcasa has experienced more than 99.999
percent uptime since launching its consumer service in 2011.

Developers interested in signing up for API access can register on the
Bitcasa CloudFS Platform website - www.bitcasa.com/platform.
General availability for the Bitcasa Platform will be Spring/Summer 2014.

Partner Quotes

"The Bitcasa CloudFS Platform made it easy to add a cloud storage
service to our portfolio of offerings. The technology has already been
refined and gives our customers the ability to store, stream and share
content seamlessly across their devices,” said Scott Olechowski, Chief
Product Officer at Plex.

"Bitcasa has a strong, passionate community of developers. As a Bitcasa
platform partner, we've valued the innovation and ease of use of the
Bitcasa API for both our consumer and developer products,” said Eliot
Sun, CEO at Kloudless.

About Bitcasa

Bitcasa makes storage simple. Its highly secure and scalable cloud
storage platform is enabling individuals, businesses and developers in
more than 140 countries to affordably store and share content. With
regionalized storage and access across all devices; Android, iOS,
Windows, Windows RT, Mac OSX, Linux, and the Web, the Bitcasa Platform
provides a File Service (FS) API so developers and service providers can
accelerate time to market with unmatched cloud storage performance.
Bitcasa is backed by top-tier investors, including Horizons Ventures,
Pelion Venture Partners, First Round Capital, Samsung Ventures and
Andreessen Horowitz. For more details visit www.bitcasa.com
or follow us on Facebook www.facebook.com/bitcasa
or Twitter www.twitter.com/Bitcasa.